US initial jobless claims data report week ending 19th February 2016

  • Prior 262k
  • Continued claims 2.253m vs 2.260m exp. Prior 2.273m
  • 4 week average 272.00k vs 273.25k prior

Nothing earth shattering here. Focus will be on the durables report.

A note for cable traders, if this rally is to stay in place it needs to hold above this 1.3950/60 level

US jobless claims 4 week average